|
..�^ �_ t'�` ' t � ,. _-'�=-����-
<br /> � ti� !.. - •�-� •
<br /> — ,t...���.�u7�
<br /> ACKNOWLED�i�IlEN7 4F DEED OF Tii61dT 9�� 1�950
<br /> TlNJiTOR READ THIB i1EFORE 81ONfN�i:
<br /> Trwlor undKN�nds 1h�t q�doaun�nNhat Trusbr I��bout to�z�ouM is a ONd W TruN and iwt a malp�p��nd tlwt ttw powK
<br /> a�al�prpy{d�d br{n th�pNd ot Trwt provldN�ub�etl�lly dlfNnnt riphb and ob11p�11on�b Tn�Nor tl�n a maAp�p�In eh��wnt
<br /> ol�d�hult or bra�ch of oblip�tlon und�►tM ONd of Trwt,Inaludinp,but not tlmil�d to,th�L�ndw's�Ipht W haw�P��d�
<br /> �rT�•��t���I��proc a T� rusta r�pr�nb md war►anb that thb�oknowNdp«n�n
<br /> ri�-
<br /> t I• C. Flabb�) Trusto►
<br /> . - -_-- �
<br /> =_-- =_ ( �phl e C. Flebbe) Trwtor
<br /> ��.��-:��e
<br /> ---�- -=�-�.�„� DEED OF TRUST WITH FUTURE ADVANCES ---
<br /> F M�t�M • ��� ~�.�M�V��1Mp
<br /> 1 THIS DEEO OF TRUST,I�rtwde as of th�.�.��daY o� sp --
<br /> __.__�x�,�_,�� th�Tntator, '
<br /> --- _���.x��
<br /> :"=''-`�'s'��� whON mdlinp addrM�I��11 u t� greaAWell Ave_�Cranrl Is1.nA NF 6R�etn"Ttwtor,'whNh�r on�or mOn).
<br /> w.
<br /> me Tn,awa. '" -- •,_._._ o__�_ . ru.r.....ka-Car�orstton - . _
<br /> ��i ~fP'�-���r o n a.... �en� Grand Island NE 68fl�2-i S07 (h�Nn"TrusUs"),�nd
<br /> - ` �,.���.�rwW-:.�!. whot�malllnp addnaa is
<br /> +�.,... ..- -�.:I. tht BH�eflClary •-•--- ^-'- - e__�. _ • atiOq —� —
<br /> k:�;.�,+hr , .
<br /> ,�.'+v,�..'�I��..-f�V,.
<br /> ` whow m�llinp addrsss is °•^ Box 1507 Grand �sland NE 68802-1507 (herdn"l.�nder'�.
<br /> 't�..iTw�.' •....5'.�;
<br /> ;3�:> .�,?�.,• �,,,,.,, FOR VALUABLE CON3IDERATION,Includinp Lender'e�xt�n�ion of cr�dit idenGited herein to f.�t�A �_ Fiehhe ,.nrl
<br /> _ . .,,�.a.t':;s •.. ,
<br /> ` . . � �� �1p�pqlnQ C. Fl4bb4 (herein"Borrowar",whether one or more)and the trust her�in creabd,
<br /> � . .,;;,•;•,.. �,,.';.,� �; the �ec�ipt of which is hereby acknowledped,Trustor hereby frrovocebty prant�,tranatera,conveye and assi�ns to Tru�tse,IN �^
<br /> TRUST,WITH POWEH UF SALE,for the beneflt And sacurity of Lender,undar and subject to the terms ond condiQons hereinafter sat
<br /> Ur�,�s=+�!Ts�.�_;L.:� - torth,the real Prop�rtyr,d�scribed 8s follows:
<br /> l.ots Thirteen (13) and Fourteen (/4) Ross First Subdivision, Hall County, Nebraska.
<br /> ;.. .
<br /> Topether with a�l bulldinps,Improvementa,flxturea,streets,alleya,passayeways,easements,riphta,privilepes and appurts-
<br /> nances tocated thereon or in anywise pertatninp lhereto,and the renta,iasues and protits,reversione and remalnders thereo�,and
<br /> �; • wch pe►sonal property thet Is attached to the improvements so as to constitute a tixture,inctudlnp,but not pmNed to,hoaGnp and
<br /> - cooiinp equipment;and togelher with the homestead or marltel interests,it any,whtch intereats are hereby released and walved;ali :.
<br /> :�°, ot whlch,Includiny replacements and addltions thereto,la hereby deciared to be a pa�t oi tho rea►estete aecured by ths If�n of this ��=
<br /> ' �t ; '' D�ed of Trust and ali of tho forepoinp belnp reterred to hereln a9 the"Property".
<br /> �'`
<br /> �� This Oeed of Trust shall secure(a)the payment of the princlpal sum and tnterest evtdenced by a promissory note or credit �_
<br /> '. �pr�ment dated ._Feht"�r�.l r I49l� ,hevinp a maturity date of FohM��nrv 7_ 1009 , __
<br /> 61,OQ0.00 ,and any and all moditications,sxtenelons and renewals �u
<br /> in the oripinai principal emount oi S �
<br /> � � • thereot or thereto and any end ali future advances and readvancea to Borrower(or any of them If more than one)hereunder �;
<br /> pu�auant to one or more promisaory notes or credit ayreerrents(herein called"Note");(b)the payment of other sums advanced by �
<br /> Lender to protect the aecurity of the Note;(c)the pertormance ot all covenants and agreements o1 Truator set fohh herein;and(d)aU `�-•
<br /> � present and tuture indebtedness and ob8pations of Barrower(or eny of them H more than onej to Lender whether direCt,indlreat, �"�
<br /> � absolute or contingent and whether arisinp by note,guaranty,overdraR or otherwlse.The Note,thfs Deed ot Trust and any and ali '
<br /> - oth�r dxuents that secure the Note or otherwlse executed In connection therewith,inciudinp wfthout Ifmitatlon guaranteea,security �_
<br /> � �qreements and asalgnmenta of teaeea and rents.ehall be referred to herein es the"Loan Instrumonts". _
<br /> • • Truator covenants and a�rees with Lendar as toliows: - _
<br /> �� ���•"'' � 1. Paym�nt ot ind�bt�dn�u.All fndebtedness secured hereby shall be pafd when due. -_
<br />- � . ,�. 2. Tltl�.Truetor is the owner ot the Property,has the rlpht and authority to convey the Property,and warrants that the Ilen
<br /> , Creatud hereby IB a tirst and prlor Ilen on the Property, oxcept for Itens and encumbrances set foRh by Truator In writinq and
<br /> � deiivered to Lender betore execution ot this Ueed of Trust,and the executlon and delivery of thls Deed of Trust does not vio�flte any �
<br /> �?,_
<br /> •� conVact or other ob�igatlon to which T�ustor Is subject. :�•..•.
<br /> . . �. 3. UxN,Asfasm�nb.To pay betore deilnquency alt taxes,speclal assessments and all other charpes ayainat the Property *��-
<br /> + • { now or hereafter tevled. t"'
<br /> " ' 4. Iruur�nc�.To keep the Properry insured agatnst damege by fire,hazards Inciuded within the term"extended coverape",and �� �
<br /> `'. �" "" �uch other hazarda as Lender may require,in amounts and wlth companfes acceptebie to lender,�aminq Lender ae an additlonat ; .'
<br /> 'T� • ,�� ,'�`•`, n�msd imured,with Ioss payeble to the Lender.ln case oi loss under such poltciea,the Lender Ia authori:ed to adJust,collect and '
<br /> f, ��h�� °' `��' ' compromise,ail claims thereunder and shall have the optfon of applyMg all or part of the Insurance proceeda(i)to any indebtedneaa ,, -
<br /> � ��j•• - " tecursd heroby and in such order e�Lender may determine,pq to the Truator to be used for the repalr or rettoratlon ot the Property
<br /> • :::1•;'.'.• " . . or(Iiq for any othar purpo�e or obJect satiatactory to Lender without aflectinp the Ilen of thls Oeed ot Truat tor the fuil amount aecured ;
<br /> �i �-:•�-�:_:�.�,,r,�k h�rNty bNon such paym�nt ovor took place.Any appllcatlon ot proceeda to tndebtednesa shall not extend or poatpone the due �..._
<br /> � ` "` '' dat�of eny payments under the Nore,or cure eny defauit thereunder or hereunder. ti
<br /> 5. E�erow.Upon wrftten demand by lender,Trustor ahalt pay to Lender,in such manner aa Lender may dealpnate,tuHiclent `- �
<br /> — '_ __'�•'''_.__"_'..__.�_..�._____.�..____�'���������u.....t.....m..u�.....� s.��.....�w1�wn.IwN��rwh��nM�n�ln�f :. .
<br /> --:- � -� .ums�v.n.we..w��.���F,.yo.���o�.....,.���a....o..��a.,��.�.,�o...�.�o�........�..y.��..............�....,.,..�........�....__..._._..-•s---•-..._.
<br /> �`� ��•-� •�� th�Prop�rty,(ti)the pnmiums on thv property Imurance required hereunder,and(ilq the promlum4 on any mortqepe M�uranco v�
<br /> , nqulnd by UndK. ":
<br /> 8. MMnMeane��R�psks�nd CanpNana�with Laws.Truetor�ha�i koep the Property in�oad condttion and repair,�ha�l •v
<br /> promptly np�ir,a r�plrc�any improvement which may be damaQed w datroysd;shall not commit or permit any waab or ..
<br /> � dabdontlo�of the Property:shail not remove,demoli�h or substantlaily alter any ot the improvements on the F'rop�rly:�h�ll not �
<br /> commit,wM�►or p�rmit any�ct to b�don�in or upon the Propsrty in vlotaUon ot any Iaw,ordlnance,or repulaUon;and shall pay�nd ,;..
<br /> promptly df�char¢�at Trustor's coat�nd�xpenN att Il�ns,�neumbnne���nd eMrpa I�vird,impoead or ausspd�painst th� ;;
<br /> PropMiy or any p�R th�r�ot ""
<br /> 7. E�kNnt Don�Mn.L�ndK Is h�nby assiqn�d all compen�U�n,�wards,damap�s and olher p�yments or rNisf(h�rein�Rer �T.
<br /> "ProcMd�"�In conn�ction wlth cond�mnaUon or other takinp of thQ Prop�rty or paR th�raof,w tor conv�y�rtc�in 8w ot cond�mna-
<br /> tlon.L,�ndK rhali b��nUtlud at ib optlon to commenc�,app�ar In and prosecute In its awn name any actlon or proceedinp�,�nd ��-
<br /> -_ . lhali alao b��ntltl�d to mak�any eompromt�e or ptWm`nt In conn�etlon with such Wcinp or damape.ln th�w�nt any portion of '
<br /> �c�s�wM.r�w.�o..��+aM
<br /> . �
<br /> -_°'�-�'-�C�°•'�+� 01/MMM�wIMnItMGr�wwTrwl�t+Yw�ArrWMntrw�hlMMw4 �
<br /> -....�...z u..�,..r�=.:_�
<br /> ---
<br /> - .;.-.���----_�t��� -
<br /> '_�Y
<br />
|